Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0187%/8h= −20.5% APRnext payment $1.87 per $10,000 · paid last 24h −0.084%
Price spread now: Variational Omni against BingX−0.147%7-day average −0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.183%−$18 on $10k
Price spread, last 3 days (all we have)+0.246%+$25 · spread now −0.147%, 7d avg −0.065%
Together, before fees+0.063%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.081% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT3.04500.0100pay 0.0100% / 8h7h 43m$5.2M
ShortVariational Omni ICP3.0405−0.0087pay 0.0087% / 8h7h 43m$1.1M$111K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$39.37
Price spread: −0.147% → −0.065%
−$8.15
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$57.52
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago4.93 bp13.6 bp −$1423.2 bp −$232123.9 bp −$12.4K537.1 bp −$268.5K
Sell Variational Omni RFQ quote, 1 min ago4.36 bpdoesn't fit30.3 bp −$303doesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.0431%8h3.0430−0.066%$1.8M$767K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0308%1h3.0468+0.059%$272$46450xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0497+0.153%$557K$601K50xas long as short
Variational Omni ICPshort−0.0087%8h3.0405−0.147%$1.1M$111K
dYdX ICP-USD0.0000%1h3.04500.000%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0484+0.112%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.578%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0497+0.154%$175K$479K5xas long as short
Aster ICPUSDT+0.0100%8h3.0469+0.064%$301K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0447−0.010%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0441−0.030%$30.3M$52.6M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0430−0.066%$18.1M$18.7M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0460+0.033%$6.2M$17.0M50xas long as short
Gate ICP_USDT+0.0100%8h3.0440−0.033%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.04500.000%$19.3M$9.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0440−0.033%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0470+0.066%$7.2M$4.8M50xas long as short
BingX ICP-USDTlong+0.0100%8h3.0450long leg$5.2M
edgeX ICPUSDC+0.0100%4h3.0411−0.128%$24K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0412−0.123%$589K$471K10xas long as short
SunX ICP-USDT+0.0100%8h3.0430−0.066%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0430−0.066%$106K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0463+0.043%$22K$118K10xas long as short
Hyperliquid ICP+0.0191%1h3.0494+0.144%$4.8M$5.0M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0410−0.131%$1.3M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0470+0.066%$63K$87K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0479+0.095%$38K100xas long as short